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Wait-and-See Sentiment Dominates South China Aluminum Market (Jul. 28, 2014)
Jul 28,2014 15:10CST
price review forecast
Source:SMM
August aluminum on the SHFE rebounded above the 5-day moving average after opening lower on Monday.
SHANGHAI, Jul. 28 (SMM) – August aluminum on the SHFE rebounded above the 5-day moving average after opening lower on Monday. Sellers in south China showed high selling interest at high prices. Only a few cargo holders cut offers slightly to promote sales, enticing downstream producers to go bargain hunting. Most deals closed between RMB 14,210-14,230/mt.   
 
 
South China aluminum prices

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